Just In: MicroStrategy Eyes $600M Boost After Shares Skyrocket 23%

Just In: MicroStrategy Eyes $600M Boost After Shares Skyrocket 23%

MicroStrategy has announced its plans to augment its already substantial Bitcoin reserves through a $600 million private offering of convertible senior notes. This strategic decision was disclosed in a press release on Monday, signaling the company’s unwavering commitment to invest in the cryptocurrency. MicroStrategy, a prominent player in the software industry, aims to allocate the net proceeds from this sale towards acquiring additional Bitcoin, alongside addressing general corporate needs.
The timing of this announcement is particularly noteworthy, as it coincides with Bitcoin nearing its historical peak of $69,000. Concurrently, MicroStrategy’s stock (MSTR) experienced a significant surge, closing the day with a 23% increase at $1,334 per share. This uptick marks a zenith for the company’s stock, reaching heights not witnessed in over two decades. Over the past year, MicroStrategy has seen an impressive 461% rise in its stock value. However, following the announcement, there

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We współpracy z: https://coingape.com/just-in-microstrategy-eyes-600m-boost-after-shares-skyrocket-23/

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